Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SALFER WELDING & MANUFACTURING
Borrower Address
25292 COUNTY HIGHWAY 6
Borrower City
WABASSO
Borrower State
MN
Borrower Zip
56293-1316
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
26216.85
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38995
Servicing Lender Name
The Wanda State Bank
Servicing Lender Address
121 W Main St
Servicing Lender City
Wanda
Servicing Lender State
Servicing Lender Zip
56294
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
REDWOOD
Project State
Project Zip
CD
MN-07
Jobs Reported
4
NAICS Code
332999
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
26394.26
Forgiveness Date
01/07/2021